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Jackson 49201
5587 Dogwood Drive
$180,000
● House - Off Market

5587 Dogwood Drive

Jackson, MI 49201
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,665 Ft²
$1,037
Est. Monthly

About This Property

This home features 4 bedrooms, 1 full bath, finished walk out basement, new roof, new furnace and a/c, remodeled kitchen in 2024, new wood deck on the front, 16x16 fire pit, new cement driveway, and 4 sheds.
Unit Size
1,665 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$108
Property Type
House
Property Taxes
$153
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 8 months ago (MichRIC MLS #26014581)

Price History

Date / Event Date Event Price
Apr 9, 2026 Listed by Five Star Real Estate-Jackson $180,000
Listed by Five Star Real Estate-Jackson
May 1, 1987 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,589
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 740
  • Total Building Area: 1,665
  • Building Area: 1,665
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,665
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOME ESTATES
  • Land Acres: 0000000289
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 246 HOME ESTATES NO. 5

Neighborhood

  • School District Name: East Jackson Community Schools
  • School Tax School District: 38090
  • Census Tract: 006001

Zoning

  • Zoning: R-1 ONE

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Parcel: 000-09-28-130-010-00
  • Lot: 246
  • Municipality: LEONI TWP
  • Latitude: 42.2727
  • Longitude: -84.3188

    Address

  • Full Address: 5587 Dogwood St
  • Legal Unit: 246
  • Address - House Number: 5587
  • Address - Street Name: Dogwood
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: R010
  • 4-Digit Zip Code: 8814
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $115,738
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 209,673
  • High Value: 262,405
  • Low Value: 156,941

    Market Valuation

  • Market Total Value: $153,384

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,692

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 1987
  • Current Sale Recording Date: May 01, 1987
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Jackson

Stats & Trends

Median Asking:

$233,000

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1889 ft²

Average Home Age

74.5 years

Currently For Sale

414 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Currently no nearby rentals
MichRIC

Listed by: Jessica N Villarreal, Five Star Real Estate-Jackson
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 26014581
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 5587 Dogwood Drive built and last sold?
The property at 5587 Dogwood Drive was built in 1970 and last sold on May 1, 1987 for $36,000.
How much is this home worth?
The estimated value of the home located at 5587 Dogwood Drive is $184,403.
What are some comparable homes to 5587 Dogwood Drive?
There are currently no comparable homes to 5587 Dogwood Drive.
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